US/EU Natural Gas Pact and Two New Portfolio Additions
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You’ve probably seen the headlines about a deal between the US and European Union aimed at reducing Europe’s dependence on Russian fossil fuels.
One centerpiece of this agreement, unveiled on March 25th, is a US promise to work with international partners to ensure additional liquefied natural gas (LNG) volumes of 15 billion cubic meters (BCM) of natural gas for 2022 with “expected increases going forward.”
So, does this mean a surge in US natural gas prices and increased demand for US liquefied natural gas exports?
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Elliott H. Gue
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